bubble: local markets buck the downward trend - 06/24/08 04:47 PM
Here's an interesting post over on the Boston Real Estate Now blog on boston.com
http://www.boston.com/realestate/news/blogs/renow/2008/06/prices_still_up_1.html
Depending on your view you may find the emotional comments from consumers entertaining or depressing.
I'm not an agent and don't claim to fully understand the numbers but it seems like an example of what the Massachusetts Association of REALTORS has been preaching "Every market is different" and "Real estate, like the weather, is local"
On the surface it seems to be in line with discussions I've had with agents over the past few months where in some towns it's simple supply and demand that's keeping the prices at current levels.
(1 comments)

 

Alan Myers

Boston, MA

More about me…

Boston Image Maker

Address: PO Box 441243, Somerville, MA, 02144

Fax: (617) 812-5356

Office: (617) 640-4321

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find MA real estate agents and Boston real estate on ActiveRain.